With reference to the earlier letter dated May 28, 2015 regarding the Summarized Audited Financial Results of the Company together with the Audited consolidated Financial Results for the year ended March 31, 2015 which were approved by the Board of Directors of the Company at their meeting held on May 28, 2015, Tata Global Beverages Ltd has now informed BSE that note that Note No. 7 to the Consolidated Financial Results for the three months ended March 31, 2015 should be read as under (instead of the note that is mentioned in the statement sent on May 28, 2015): "7. Pursuant to the Scheme of Amalgamation and Arrangement (the "Scheme") sanctioned by the Honorable High Court of Calcutta vide its order dated February 16, 2015 received on April 20, 2015 and the Honorable High Court of Himachal Pradesh vide its order dated March 23, 2015 received on April 27, 2015, Mount Everest Mineral Water Limited ("MEMW") a subsidiary of the Company engaged in sourcing and selling of natural mineral water, merged with the Company with effect from April 01, 2013 (the "appointed date"). The Scheme came into effect on May 18, 2015, the day on which both the orders were filed with the Registrar of the Companies, and pursuant thereto the entire business and all the assets and liabilities, duties and obligations of MEMW have been transferred to and vested in the Company with effect from April 01, 2013."
Pdf Link:>Updates on Financial Results
Source : BSE - >www.bseindia.com
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